Minnesota state officials warned the bill would cut $500 million a year in reimbursements for hospital and nursing home coverage.

Trump's 'Big Beautiful Bill' contains roughly $4.5 trillion in tax cuts and solidified the tax cuts from Trump’s first term. The wealthiest families will enjoy a $12,000 increase at the cost of the poorest people having to pay an additional $1,

President Donald Trump on Friday signed into law his sweeping tax cut and spending package, what he’s called the “big, beautiful bill,” in a Fourth of July ceremony packaged with patriotic pomp and symbolism.